Opportunities for arbitrage in the foreign exchange markets throughout the world are:
A) plentiful, particularly in developing nations.
B) plentiful, particularly in markets trading in U.S. dollars.
C) fleeting, because technology today allows quick trading that eliminate them quickly.
D) fleeting, because most governments â€˜peg' or fix their currency's value to another's.

Question

Quizplus · Accepted Answer

With the advancement of technology, opportunities for arbitrage in foreign exchange markets are fleeting as quick trading can eliminate them quickly.

Opportunities for Arbitrage in the Foreign Exchange Markets Throughout the World